THplant was sold down from about 90sen to 83 sen after the so called ‘disappointing’ QR last week. Look at what happened to THplant now. It has gone up 30% from the sold down price of 83sen!
KUALA LUMPUR (March 1): Ta Ann Holdings Bhd emerged as the top loser on the local bourse on Tuesday (March 1) morning after it dropped as much as 63 sen or 11.48% to RM4.86.
At 10.05am, the stock traded 50 sen or 9.11% lower at RM4.99, valuing the timber and oil palm player at RM2.22 billion.
At the time of writing on Tuesday, it was unclear what was driving the share price lower.
However, some industry observers believe it could be profit-taking as for the past month, the share price has rallied by 37.4% from RM3.61 reported in early February.
On another note, PublicInvest Research maintained its "outperform" call on the group, with an unchanged target price of RM5.96.
FCPO Mar $8,170, Apr $7,435, The exceptionally high premium for March and Apr delivery is due to international buyers scrambling to cover their edible requirement against hiccup of sunflower oil shipments from black sea. One of the biggest beneficiaries is Taann who sell their production on spot or current month basis. T
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warrenchok90
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Posted by warrenchok90 > 2022-03-01 11:00 | Report Abuse
yes!!